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1503 Lathrop St; Durham, NC Property Details

1503 Lathrop St, Durham, NC is a Duplex 2 Units that was built in 1994. This property is currently a cash purchase and is not for sale. Our records show that 1503 Lathrop St has 4 bedrooms, and 2 bathrooms, and a total of 1,767 square feet. The lot size of 1503 Lathrop St is 6,534 square feet.

For Rent
1503 Lathrop St Durham, NC 27703
$1,050 Listing Price
4 Beds
2 Baths
1,767 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1994
  • Purchase Price: $100,000
  • Open Loans / Balance: 1 / $509,713
  • Est. Equity / %: $-137,713 / -37.02%
  • APN: 112855
  • Situs County: Durham
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,767/SqFt
  • Lot: 6,534/SqFt
  • Living: 1,767/SqFt
  • Building: 1,767/SqFt
  • Ground: 868/SqFt
  • Price Per Square Foot: $56.59

Legal Description

  • Description: HILLCREST/LT#B PL:000127-000084
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.993126 / -78.87532
  • Subdivision: Hillcrest
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 112

Amenities

  • Plus Four: 2133
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Heating: Yes

HOA

  • H O A One: $193
  • H O A Amount: $193
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

1503 Lathrop St has no associated ownership info
1503 Lathrop St has no associated ownership info.

Taxes

1503 Lathrop St has 10 associated Taxes items

1503 Lathrop St, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $338,478. The APN we've located for 1503 Lathrop St is 112855.

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Taxes
  • Assessed Value:  $338,478
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  112855
  • Assessed Land Value:  103500
  • Market Land Value:  103500
  • Tax Amount:  2684.28
  • Tax Year:  2025
  • Market Value:  338478
  • Market Year:  2025

Tax History

1503 Lathrop St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $338,478 Land Value $103,500 Improvement Value $234,978 Tax Amount $2,684.28 Change Rate +1.804861% Assessed CR Tax Rate +0.00793%
Year 2024 Assessed Value $114,346 Land Value $25,965 Improvement Value $88,381 Tax Amount $957.01 Change Rate -0.361065% Assessed CR Tax Rate +0.008369%
Year 2023 Assessed Value $114,346 Land Value $25,965 Improvement Value $88,381 Tax Amount $1,497.82 Change Rate +0.023444% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $114,346 Land Value $25,965 Improvement Value $88,381 Tax Amount $1,463.51 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $114,346 Land Value $25,965 Improvement Value $88,381 Tax Amount $1,456.65 Change Rate +0.024115% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $114,346 Land Value $25,965 Improvement Value $88,381 Tax Amount $1,422.35 Change Rate +1.357538% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $114,346 Land Value $25,965 Improvement Value $88,381 Tax Amount $603.32 Change Rate -0.48432% Assessed CR Tax Rate +0.005276%
Year 2018 Assessed Value $86,248 Land Value $14,425 Improvement Value $71,823 Tax Amount $1,169.95 Change Rate +0.007423% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $86,248 Land Value $14,425 Improvement Value $71,823 Tax Amount $1,161.33 Change Rate +0.034897% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $86,248 Land Value $14,425 Improvement Value $71,823 Tax Amount $1,122.17 Change Rate -0.383711% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $131,536 Land Value $14,911 Improvement Value $116,625 Tax Amount $1,820.85 Change Rate -0.000005% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $131,536 Land Value $14,911 Improvement Value $116,625 Tax Amount $1,820.86 Change Rate Assessed CR Tax Rate +0.013843%